Baumann Spedition files for self-administered restructuring

Baumann Spedition, a haulier specialising in fresh-goods transport, has opened court-supervised restructuring proceedings under self-administration for its Dresden entity (Dresden district court) and its Mochau entity (Chemnitz district court); the group operates sites in Dresden, Mochau (Döbeln) and Erfurt. Managing director Jörg Baumann cites the weak economy, consolidation in retail and the loss of several major customers amid strained liquidity. Operations continue and management remains in place; no headcount was disclosed.